ARC Advisory Group’S First Annual Asset Lifecycle Management Forum

ARC Advisory Group will host its first annual Asset Lifecycle Management (ALM) Forum, October 6-8, 2008 in Houston, TX. This event will bring together stakeholders and suppliers to discuss how better Asset Information Management (AIM) can help them optimize performance in every asset lifecycle stage. Companies will learn how AIM impacts asset performance while networking with others to discuss common issues.

ALM is high on the agenda of executives in manufacturing, utilities, and every other enterprise where success depends upon complex equipment. These executives must worry about capital budget overruns and start-up delays that can turn excellent market opportunities into major calamities. They are also concerned with revenue, safety, compliance, quality, and operating cost problems that arise when performance in operating plants is not optimized.

AIM is the foundation for and key enabler of excellence in every asset lifecycle stage. Studies show that asset-intensive organizations suffer staggering losses each year as a result of poor AIM across plant design, build, and handover. AIM issues, likewise, plague groups involved with facility operation and maintenance. Neglect in this area has also been linked to major safety and Compliance violations that blemish corporate reputations and jeopardize their survival.